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Technicals for Sonata Software Limited
By MusingTheNews
2025-06-13 20:55
Overall Technical outlook
Price Summary
A 2.2% surge in Sonata Software Limited's stock marked an outstanding day on the market. Sonata Software Limited's stock opened at 402.45 on 2025-06-13, surged to 417.0, dropped to 399.0, and ended 2.2% higher at 411.3, with 1288332 shares traded. In the last 52 weeks, the stock's top price was 753.0 and the bottom price was 301.1. 7 analysts suggest that SONATSOFTW's future price will lie between 330.0 and 760.0, with an average expected price of roughly 602.0.
Technicals
Support and Resistance: The current price of 411.3 is supported at 390.75, with resistance at 421.7. This suggests that the price for SONATSOFTW might remain between these levels, where 390.75 acts as a floor and 421.7 as a ceiling in the market. Support/Resistance for SONATSOFTW
Aroon: The current reading of the AROON is neutral for SONATSOFTW, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Aroon chart for Sonata Software Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Sonata Software Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Sonata Software Limited
Parabolic SAR: The PSAR for SONATSOFTW continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement. Parabolic Stop and Reverse chart for Sonata Software Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Stochastic chart for Sonata Software Limited
Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Tripple SMA chart for Sonata Software Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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